WSJ: Facebook to unveil Vine competitor at today’s event

Facebook Vine Video Competitor

Facebook doesn’t want to let Twitter have all the fun with short videos in the social media market. The Wall Street Journal reports that Facebook on Thursday “is expected to unveil pieces of its own Vine-like video service, under development for months, that would allow users to create and share brief video clips.” Vine, which lets users post short videos on their Twitter feeds, has quickly grown to become a key feature on Twitter and its adoption rate has surged ever since its launch last fall. What’s more, Vine’s rise has coincided with stalled growth for Facebook’s popular Instagram photo-sharing application, so it’s very likely that whatever video features Facebook shows off on Thursday will be integrated into Instagram.

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